Day: January 19, 2021

  • Trump to pardon Dominican who stole US$42M from Medicare

    Trump to pardon Dominican who stole US$42M from Medicare

    Among those on the list of the 100 pardons by US President Donald Trump, is Dominican ophthalmologist based in Florida, Salomon Melgen, sentenced in 2018 to 17 years in prison for defrauding Medicare out of US$42 million. Friend of the influential Democratic senator Robert (Bob) Menéndez (D-NJ, also accused of corruption, Melgen was arrested in…

  • WIOC to launch road-show ahead of divestment of shares

    WIOC to launch road-show ahead of divestment of shares

    The West Indies Oil Company (WIOC) will launch a major ‘road-show’ ahead of the much-anticipated divestment of its shares to members of the public. Well-placed government sources say the road show is designed for the company to educate and inform the public of all they need to know about the process of investing in the…

  • PM: Antigua has facilities to store 30,000 doses of Pfizer/BioNTech vaccines

    PM: Antigua has facilities to store 30,000 doses of Pfizer/BioNTech vaccines

    Prime Minister Gaston Browne said Antigua and Barbuda has the facilities to store the Pfizer/BioNTech COVID vaccine that must be stored at the very low temperature of -70C. “We have the capacity to store at least 30,000 Pfizer vaccines here. We do have refrigeration that can provide that level of storage on island,” Browne said…

  • COVID-19 risk now at its highest in Antigua & Barbuda: PM Browne

    COVID-19 risk now at its highest in Antigua & Barbuda: PM Browne

    The risk of COVID-19 transmission in Antigua and Barbuda is now at its highest since the country recorded its first case of the disease in March 2020. That was the warning from Prime Minister Gaston Browne while speaking on Pointe FM on Saturday. He said the country’s risk was even higher than when 39 new…

  • Gov’t says it’s open and transparent

    Gov’t says it’s open and transparent

    From Throne Speech: During these past near-seven years, my Government has been very forthcoming with the press—both local and international. During 2020, interviews of the Head of Government by CNN, Al Jazeera, CBS, BBC, the New York Times, the Wall Street Journal, the Boston Globe, the Huffington Post, and other international media, reflect the openness and…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]